Economic Crisis, (Creative) Destruction, and the Current Urban Condition
نویسندگان
چکیده
منابع مشابه
Capitalism as Creative Destruction The Representation of the Economic Crisis in Hito Steyerl’s In Free Fall
Opening with an image of a Boeing airliner falling to the ground, Hito Steyerl’s video In Free Fall (2010) is action-packed, supercharged, and visually enthralling. Steyerl’s work presents re-edited footage from Hollywood disaster movies portraying an airliner about to crash over a nondescript suburban town. In this fast-paced montage a stunned pilot stares at the message ‘system failure’ flash...
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Economic integration is examined in a multi-economy Schumpeterian growth model where economies differ in their research environment, and consequently in the productivity of R&D. We show that economies with more or less the same productivity of R&D integrate. In equilibrium, there can be many common markets with different growth rates as well as stagnating economies with decreasing relative inco...
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We construct a Schumpeterian growth model of a common market with following properties. Households can stay as workers or become researchers at some cost. Workers are employed in production and researchers in R&D. Workers are unionized. Intermediate goods are substitutes and their producers are strategically interdependent. The main findings are as follows. Both union power and economic integra...
متن کاملLegal Origins and Creative Destruction
Building on a model of endogenous innovation à la Romer, we analyze the link between legal institutions, innovation and growth. As in Anderlini, Felli and Riboni (2007), we suppose that law-makers are benevolent and we compare two legal systems: a rigid system, where an uncontingent law is written in a statute ex ante (that is, before knowing the state of the technology that will take place) an...
متن کاملCreative Destruction in Industries∗
Industries where prices decline rapidly experience early ‘shakeouts’. Existing models of the shakeout do not explain this negative relation between price decline and time to shakeout. We set up a vintage-capital model that explains this relation, and we provide some evidence in support of the mechanism that we propose. The relation emerges naturally in a vintage-capital model in which shakeouts...
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ژورنال
عنوان ژورنال: Antipode
سال: 2014
ISSN: 0066-4812
DOI: 10.1111/anti.12127